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'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
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What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
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'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
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QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

The Latest: Russian envoy lashes out a UK defense minister

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MUNICH (AP) — The Latest on the international security conference taking place in Munich (all times local):

7 p.m.

Russian Foreign Minister Sergey Lavrov has fired back at British Defense Minister Gavin Williamson, calling him the "minister of war."

Lavrov's comments Saturday came the day after Williamson gave a speech at the Munich Security Conference saying that Russia was "trying to goad the West into a new arms race it simply is not interested in and does not want."

Lavrov, talking about Russia's perception of "increased activity by NATO," said Moscow was interested in knowing how the western alliance saw its mandate in the Arctic.

He says "if you listen to some people like minister of war — or, sorry, minister of defense of the United Kingdom, then you might get an impression that nobody except NATO has the right to be anywhere other than in their own borders."

___

5:25 p.m.

The presidents of Serbia and Kosovo have traded barbs at an international security conference over the responsibility for a stalemate in efforts to improve their ties.

Kosovo, which broke away from Serbia in 2008, last year set a 100 percent import tariff on Serbian goods until Belgrade recognizes its sovereignty and stops preventing it from joining international organizations. A European Union-facilitated dialogue has stalled, with Belgrade saying it won't participate until the tariff is lifted.

Serbian President Aleksandar Vucic and Kosovo President Hashim Thaci appeared together at the Munich Security Conference on Saturday, both expressing interest in reaching an agreement but neither appearing to give ground.

The EU's enlargement commissioner, Johannes Hahn, urged them to move toward a compromise. He said it's time, "even if it doesn't sound and look like a window of opportunity, to strike very soon a deal."


___

1:35 p.m.

A top Chinese official is defending Huawei, dismissing American concerns that the telecom giant might covertly collect data and report it to Beijing, and urging Europeans to ignore Washington.

Yang Jiechi's comments Saturday came after U.S. Vice President Mike Pence labeled Huawei a "threat" to national security systems and urged allies to exclude them from developing 5G wireless infrastructure.

Yang told the Munich Security Conference Europeans "know where their own interests lie, so let there be fewer lectures," accusing the U.S. of pushing its own self interests.

He says "Chinese law does not require companies to install back doors or collect intelligence" and said Huawei "as a company is cooperating very closely with the European countries."

He says "the Europeans know very well what is the wise path for them to go forward."

— This item corrects Pence's title.

___

1 p.m.

A senior Chinese official is signaling that Beijing isn't interested in joining an expanded version of the Cold War-era nuclear weapons treaty between the United States and Russia that Washington and Moscow have decided to abandon.

The U.S. announced this month that it was pulling out of the 1987 Intermediate-Range Nuclear Forces treaty because of Russian violations. Moscow followed suit, strongly denying any breaches. The U.S. administration also has worried that the pact was an obstacle to efforts to counter intermediate-range missiles deployed by China, which is not covered by the treaty.

Politburo member Yang Jiechi told the Munich Security Conference Saturday that the INF treaty should be preserved but "China develops its capabilities strictly according to its defensive needs and doesn't pose a threat to anybody else. So we are opposed to the multilateralization of (the) INF."

___

12:50 p.m.

U.S. Vice President Mike Pence is urging allies to take seriously "the threat" posed by Chinese telecom giant Huawei as they look for partners to build 5G wireless infrastructure.

Pence said Saturday the U.S. had been "clear with our security partners on the threat posed by Huawei and other Chinese telecom companies."

He told the Munich Security Conference they "provide Beijing's vast security apparatus with access to any data that touches their network or equipment (and) we must protect our critical telecom infrastructure."

He says "America is calling on all our security partners to be vigilant and to reject any enterprise that would compromise the integrity of our communications technology or our national security systems."

China rejects the U.S. position, saying Washington has provided no evidence Huawei threatens national security.

___

12:25 p.m.

U.S. Vice President Mike Pence is doubling down on his criticism of European nations working to preserve a nuclear deal with Iran, saying they should follow Washington's lead and withdraw from the agreement.

Speaking Saturday right after Chancellor Angela Merkel defended the 2015 Iran deal, Pence said "the time has come for our European partners to stop undermining sanctions" by continuing to offer economic incentives in exchange for Tehran limiting its nuclear capability.

He says Europe should withdraw from the Iran nuclear deal "and join us as we bring the economic and diplomatic pressure necessary to give the Iranian people, the region and the world the peace, security and freedom they deserve."

France, Germany and Britain, as well as the European Union, Russia and China, have been struggling to preserve the deal since the U.S. pulled out last year.

___

12:10 p.m.

German Chancellor Angela Merkel says U.S. authorities appear to have concluded that European cars are a threat to national security.

Merkel said at the Munich Security Conference that Germany is "proud of our cars, and we're allowed to be," and many of them are built in the U.S.

The European Union and the U.S. have been trying to ratchet down trade tensions in recent months and Merkel says she has "great hope" in the negotiations. But she added: "It is not entirely easy for me as German chancellor to read that apparently — I don't have it in writing yet — the American Commerce Department says German, European cars are a threat to national security."

She noted that German automaker BMW's biggest plant is in South Carolina "and if these cars ... are suddenly a threat to the United States' national security, that startles us."

___

12 noon

Chancellor Angela Merkel is defending the development of the joint German-Russian Nord Stream 2 pipeline, dismissing American concerns it will weaken Europe's strategic position and assuring Ukraine it won't get cut off from Russian fuel.

Merkel on Saturday told Ukrainian President Petro Poroshenko at the Munich Security Conference his country would continue to be a transit country for Russian gas even after the Baltic pipeline is complete.

On security concerns, she says the question is "how dependent are we on Russian gas, and that has nothing to do with the delivery."

She says Europe also has enough terminals to receive more LNG fuel from the U.S., has its own natural gas and has other options, too.

She says "there's nothing that speaks against getting gas from the United States, but to exclude Russia is the wrong strategic signal."

___

11:50 a.m.

German Chancellor Angela Merkel is defending European powers' decision to stand by the Iran nuclear deal, describing it as an "anchor" allowing the West to exert pressure.

U.S. Vice President Mike Pence accused Germany, France and Britain of trying to "break" American sanctions on Iran and called on them to follow Washington in pulling out of the nuclear deal.

Merkel told the Munich Security Conference Saturday the split over Iran "depresses me very much," but downplayed the substance of the differences.

She said: "I see the ballistic missile program, I see Iran in Yemen and above all I see Iran in Syria."

But "the only question that stands between us on this issue is, do we help our common cause, our common aim of containing the damaging or difficult development of Iran, by withdrawing from the one remaining agreement? Or do we help it more by keeping the small anchor we have in order maybe to exert pressure in other areas?"

___

11:45 a.m.

Egypt's president has called on Western countries to boost efforts at tackling extremist ideology in online media and mosques.

Speaking at the Munich Security Conference Saturday, Abdel-Fattah el-Sissi says countries must "tackle websites that are inciting hatred and spreading extremist and terrorist narratives among communities in the Islamic world and in the West."

He also said authorities should "be very mindful of what is being promoted at houses of worship," adding that extremists should not be allowed to preach. He underlined his efforts in Egypt to control the sermons in mosques.

Egypt has wide-ranging restrictions on free speech.

El-Sissi also mentioned that in the terrorism context, the failure to reach a fair and final settlement in the Israeli-Palestinian conflict represents the main source of instability in the Middle East.

___

11:15 a.m.

German Chancellor Angela Merkel is calling on China to join international disarmament negotiations after the collapse of a Cold War-era treaty on nuclear weapons in Europe.

The U.S. earlier this month announced that it was pulling out of the 1987 Intermediate-Range Nuclear Forces treaty, accusing Russia of violating it. Moscow followed suit, strongly denying any breaches. The U.S. administration also worried that the pact was an obstacle to efforts to counter intermediate-range missiles deployed by China.

Merkel told the Munich Security Conference Saturday that the U.S. withdrawal was "inevitable" because of Russian violations. But she noted the end of a treaty conceived "essentially for Europe" leaves Europe trying to secure future disarmament to protect its own interests.

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